Bigger Picture
GWPH — Retesting my 60.45-62.85
GWPH — Retesting my 60.45-62.85 pullback target, and not by a little. It was already probed Monday when I bought it in the model portfolio. Now that low is being tested. Closing today back above 62.85 should launch an aggressive upleg.
TRTC — Not ready to
TRTC — Not ready to pull the trigger on this, but I like today”s performance relative to the sector, and might buy prior to it retesting Friday”s low.
ATTBF — I was skeptical
ATTBF — I was skeptical about the pullback hitting my 1.50 target yesterday. Now my next lower target at 1.37 has been tested in today”s broad brush stroke of bearishness. Adding this long to the portfolio.
ERBB — Testing support at
ERBB — Testing support at .062. The gap back to yesterday”s close at .080 is an attraction, and the minimum upside objective, so long as the close isn”t under .059. Potential upside above there is .098 and .1055
CANN — If you shorted
CANN — If you shorted this during the past several day as I mentioned my interest in that position, then you”re probably aware already the SEC has halted its trading for a couple of weeks. These don”t tend to end well, but meanwhile you are definitely exposed to the risk of it ending well anyway. For all of us, I hope my focus on risk is underscored. Read today”s Filter THIS, and I”ll be back with setups.
